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posted Mar 2, 2025 9:03:24 PM

I generated K1s but box 17 is blank. What did I not include on my 1120s that would cause this?

In previous years, box 17 has shown V *STMT...

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1 Replies
Level 15
Mar 2, 2025 9:47:01 PM

the most obvious omission would seem to be info for Qualified Business Income deduction (on 1040) not the S-corp) and a related question as to whether it's a specified service, trade, or business. There are many other items that would be on 17V. what was listed on the statement?